DO YOU HAVE FINANCIAL INTELLIGENCE?

These are some questions heard all the time . . .

”Someone asked me if I knew the difference between an asset and a liability.  I was ashamed to say that I didn’t know.  So what is the difference?”

Simply put, an asset places money in your pocket and a liability takes it out!

“As a homeowner, should I have an estate plan?”

Absolutely!  Without an estate plan, your assets could be unavailable for the immediate needs of your family.

“Will a poor credit score haunt me forever?”

No, because it’s only a snapshot of your risk at a particular point in time.  Scores change gradually as you change the way you handle credit.  By first making the decision to improve your credit, over time, it will  change for the better.

“I’m a single mother of two and I’m in my early thirties.  How can I go from renting to home ownership?”

The very first step is self-assessment – where you are with your finances.  Set your goals.  From there, put together a comprehensive and realistic plan.  Then, take action!

If you didn’t know it already, finance is a team sport – you can’t do it alone. 

For a free consultation, contact us via email at poogamalu@charter.net or call (916) 475-6706.